Jim Cramer Weighs In On Johnson & Johnson, STMicroelectronics, And More

On CNBC's "Mad Money Lightning Round", Jim Cramer said he would buy Johnson & Johnson JNJ. He sees it as a high quality name and he wants to take a long-term view.

STMicroelectronics NV (ADR) STM is a very good semiconductor stock, said Cramer. He added that it's not his favorite at the moment. He likes Broadcom Ltd AVGO better.

Frontier Communications Corp FTR is a sell, thinks Cramer.

Cramer is shocked that Energy Transfer Partners LP ETP increased its distribution. He no longer hates the stock.

Square Inc SQ is about as speculative as you can get, said Cramer. He thinks the stock isn't for him.

Cramer is surprised that Minerals Technologies Inc MTX is still independent. He thinks it represents a great value.

BlackBerry Ltd BB has got a very good intellectual property and people like it, said Cramer. He doesn't mind the stock.

Cramer wouldn't own Snap Inc SNAP. He thinks there are better stocks out there.